Foreign currency receipts surge 17,9% in 2024

In 2025, imports are projected to increase by 2,5% to US$9,3 billion on account of higher imports of energy, raw materials and machinery.
By Tafadzwa Mhlanga Nov. 29, 2024

Econet deploys 32 5G base stations, earmarks additional 120 sites

Myers said Econet would leverage synergies between the mobile network operator and fintech businesses.
By Melody Chikono Nov. 20, 2024

2 forex dealers jailed

Maketo and Sakonda were initially sentenced to six months in prison each and three months were suspended for five years on condition of good behaviour.
By Rejoice Phiri Aug. 12, 2024

Zim diplomatic missions swim in poverty

On arrears, Chikomo said government had made significant progress in clearing its legacy salary arrears.
By Harriet Chikandiwa Jul. 2, 2024

Ceteris Paribus: ZiG exchange rate on the horizon

South Africa is Zimbabwe’s biggest trading partner, with more imports coming from South Africa than any other country.
By Tinashe Duma Apr. 12, 2024

Whistleblower seeks High Court protection

The businessman owns several companies including Eagle Italian Shoes and Leather and Strengthened Investments Private Limited, among others.
By Staff Reporter Apr. 5, 2024

Telcos bemoan low investment as service declines

The association added that the inability to charge cost reflective tariffs was also making it difficult to raise capital as individual players in the market.
By Tafadzwa Mhlanga Apr. 5, 2024

Proplastics turns to internal reserves... as official forex market struggles to meet demand

Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
By Tafadzwa Mhlanga Mar. 28, 2024

Hippo Valley to exhaust available borrowing facilities for capital

The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By Tafadzwa Mhlanga Feb. 19, 2024